Sell Crypto - Binance flow

A simple guide on how to quickly sell your crypto directly from Binance

Selling Crypto for Fiat Directly from Binance Using Onramp.money

This guide provides a detailed, step-by-step instruction on how to conveniently sell your crypto assets on Binance for fiat currency utilizing the seamless services of Onramp.money.

Here is a step-by-step guide:

Visit the Onramp.money website and click on the "Sell Crypto" option.
Specify the quantity of crypto you wish to sell.
Select your preferred bank account where you want to receive the fiat funds. After selection, click "Proceed".
In the "Choose and connect your wallet" section, select "Binance" and proceed to the next step.
You will be shown a summary of the transaction details. Review these details carefully and click "Confirm" to authorize the sell transaction.
Navigate to the Binance website or open the Binance app. Go to the asset section of the crypto you wish to sell and select “Withdraw”.
Fill in all the details required for the withdrawal. Such as the withdrawal address, the network on which you choose to withdraw and the amount.
As this is an internal Binance transfer from your wallet to Onramp.money's Binance wallet, the withdrawal fee will be refunded to you once the transaction is complete. The amount received by Onramp.money should exactly match the sent amount for ease of reconciliation and quicker offramping.
Review the withdrawal details one more time and click on “Confirm” to initiate the process.
After the withdrawal process is completed, navigate to the withdrawal details section and copy the “TXid” (Transaction ID). This ID is generated specifically for internal transfers.
Return to Onramp.money and select "I have Sent" to proceed.
Enter the "TXid" generated in Binance, and click "Claim". Note: This is the end of the user journey; the rest of the process is automated.
The transaction will be reconciled by Onramp in less than a minute.
Upon reconciliation, your crypto will be converted to fiat.
A bank withdrawal will be initiated and the funds will be credited to your bank account.